The Eurasian Economic Commission local market protection department has decided to start an antidumping investigation in respect of hot-rolled steel angles, originating from Ukraine and imported to the customs territory of the Eurasian Economic Union. The investigation was started on the basis of requests from Evraz ZSMK and NTMK, supported by MMK and Severstal. According…
In July 2016 Izhstal produced 1.4 thousand tons of stainless steel, up by 45% MoM and 2 times YoY. The total steel output reached 26 thousand tons, up by 16% MoM and by 25% YoY. “The increase of the stainless and other steel grades output is one of the priorities for the company. And Izhstal…
Month Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max May 208 375 June 277 375 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
International rating agency S&P Global Ratings has upgraded the long-term credit rating of NLMK Group, an international steel company with operations in Russia, the United States, and the European Union, from BВ+ to investment grade ВВВ- with a negative outlook. The national scale rating on NLMK liabilities was upgraded from ruAA+ to ruAAA. In an…
Metinvest Group commissioned a thermal and catalytic afterburner at Avdiivka Coke and Chemical Works (AKKhZ) designed to reduce emissions by tar distillation shop. Project investments total about 6.5 million UAH. Despite the difficult situation in Avdiivka and interruptions in the power supply from time to time, Metinvest Group continues to modernize Avdiivka Coke. Set-up and…